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XBiotech Announces Grand Opening Date for New Commercial Manufacturing Facility

AUSTIN, Texas, Aug. 22, 2016 (GLOBE NEWSWIRE) -- XBiotech Inc. (XBIT), developer of next-generation True Human(TM) therapeutic antibodies, today announced the timing for the grand opening of its state-of-the-art commercial manufacturing facility. The grand opening ceremony will take place on September 15, 2016 at 10 a.m. local time at the building`s location in Austin, Texas. It will include a ribbon-cutting ceremony, tour of the facility and a brief talk by XBiotech`s management.

The nearly 40,000 square foot facility is on XBiotech`s own 48-acre location just 15 minutes from the Texas capital in Austin. The building will provide a significant increase in the company`s manufacturing and quality operations in anticipation of commercialization of the Company`s product pipeline. The new facility will increase about ten-fold the Company`s current production capacity. Completion of this building is the first phase in the Company`s plan to develop the 48-acre property to house additional production facilities, laboratories and administrative operations, creating a headquarter campus as the center of its global operations.

For more information on the opening or if you would like to attend please contact:
Ashley Otero

About XBiotech`s Manufacturing Technology
XBiotech`s manufacturing process uses innovative technologies to reduce infrastructure and go-forward operating costs typically needed for production of biological drugs. At the heart of XBiotech`s process is a single-use bioreactor that is discarded after growth of the...